What about the creditor's rights and debts after the company is bought and sold?

Legal analysis: According to the Civil Code of People's Republic of China (PRC) and other laws, after the company is sold, the creditor's rights and debts of the original company shall be borne by the buyer of the company, which belongs to the acceptance of general creditor's rights and debts, and the relevant provisions of the Civil Code on the transfer of creditor's rights and debts shall apply. If the buyer is a natural person, the company's legal personality still exists. If the buyer is a legal person and belongs to the company merger, the creditors can claim the creditor's rights from the merged company.

Legal basis: Article 44 of the General Principles of the Civil Law of People's Republic of China (PRC) and the General Principles of the Civil Law of People's Republic of China (PRC), the division, merger or other important changes of an enterprise as a legal person shall be registered with the registration authority and announced. When an enterprise as a legal person is divided or merged, its rights and obligations shall be enjoyed and assumed by the changed legal person. However, according to the provisions of the General Principles of the Civil Law, if an enterprise has debts, it should first notify the creditors and obtain their consent. If the creditor does not agree, the debtor shall provide a guarantee before the transfer, otherwise the transfer is invalid to the creditor.